Cointelegraph Weekly Review – December-1

The first week of December is left behind. It was a fine week, full of surprises.

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THE FIRST WEEK OF DECEMBER IS LEFT BEHIND. IT WAS A FINE WEEK, FULL OF SURPRISES. NEVERTHELESS, IT IS WORTH TO MENTION THAT IT WAS A WEEK AFTER BITCOIN PRICE EXCEEDED $1,000.

WE HAVE COLLECTED THE MOST POPULAR PUBLICATIONS ON COINTELEGRAPH AND SELECTED TOP FIVE NEWS OF THE WEEK. THIS IS OUR FIRST WEEKLY REVIEW IN DECEMBER.

1

The most popular article of this week is “YourFreeProxy secretly mining Bitcoins on users’ computers”.

YourFreeProxy program’s toolbar, was supposed to help users to create a VPN that allows them to circumnavigate firewalls and pay walls and browse websites in privacy but it was mining Bitcoin through end users’ computers without them knowing. In late November one of Malwarebytes users reported a file that was using 50% of system resources on his/her computer. Malwarebytes sleuthed around and found out that the file, jh1d.exe is a Bitcoin Miner called jhProtominer, which runs through the command line.

It’s unclear whether there are any possible legal consequences, as the Bitcoin mining may or may not follow the letter of the terms of service. In the meantime, if you have the YourFreeProxy toolbar, getting rid of that might free up some system resources.

2

For those who follow bitcoin technology development “3 Bitcoin innovations to keep an eye on” is the greatest review of the week. Cointelegraph has selected three news of the bitcon technology world. These are technologies that could rapidly enhance the Bitcoin economy.

Global cash payment processor ZipZap announced that it would begin integrating cryptocurrenices into its business model and customers will be able to exchange fiat currencies for Bitcoin at 25,000 shops in the UK and another 240,000 locations around Russia beginning in January.

And finally, Mt. Gox is adding an optional extra layer of protection to its customers with a one-time password generator. This gives customers the option of having a diversified two-factor authentication in which one element is offline.

3

Satoshi Nakamoto personality is still unknown for sure. Grown bitcoin popularity has driven everyone’s attention on figuring out who he actually is? Moreover, he has gained a nominee of The Guardian’s Person of the Year 2013. To be on the Guardian’s Person of the Year shortlist means being active and responsive in the past year, they have to be active in their field of occupation, as well as be on the news during the whole year.

4

Have you ever wondered “How Difficult is to Hide a Black in Sheep in a White Flock?”

Our journalist takes a glance on one of the biggest affairs being committed in the present and very continuous time as about 96000 BTC are going from wallet to wallet to disappear in someone’s physical pocket to bring this person or group of people among the leading millionaires not only in the digital bitcoin community, but also in the real human world. Now the investigation waits for the robbers to take the next step. How Difficult is to Hide a Black in Sheep in a White Flock?

5

Become a host “Inside Bitcoins Conference”. The previous meeting in New York City allowed systemizing the existing society that was already named as the Bitcoin revolution.

The main topics for new conference will be the regulation and control over bitcoin transactions, the possible future and development of the market, the exchange ecosystem, the reliability and trust of users for the environment. Find out more.

More news on the bitcoin and other digital currency will emerge soon so stay tuned with Cointelegraph.